Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago,

User Stats

4
Posts
0
Votes
Eric Waters
  • Investor
  • Omaha, NE
0
Votes |
4
Posts

Pay off Rental House vs Investing in more now

Eric Waters
  • Investor
  • Omaha, NE
Posted

I'm curious to get the pulse of my fellow real estate investors. I currently have a rental house with a balance of about 37K. My goal is to pay it off free in clear by May. My question is in your opinion, would you pay that off first or use the funds to proceed with investing in an additional property or using it as a down payment for another property. 

My heart tells me to stick w/ the goal of paying it off first before buying another property.

Just want to hear your thoughts and look forward to the discussion.

Thanks

Loading replies...